Knowledge to money: Assessing the business performance effects of publicly-funded R&D grants
Abstract
UK Research Councils (UKRCs) spend around £3bn pa supporting R&D and innovation. We provide a comprehensive assessment of these grants on the performance of participating UK firms, using data on all projects funded by UKRCs over the 2004–2016 period and applying a propensity score matching approach. We exploit the richness of the data available in the Gateway to Research database by investigating the heterogeneous effect of these projects across...
Paper Details
Title
Knowledge to money: Assessing the business performance effects of publicly-funded R&D grants
Published Date
Sep 1, 2019
Journal
Volume
48
Issue
7
Pages
1714 - 1737
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